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LeBron James signs lifetime deal with Nike

By
The Sports Xchange
Cleveland Cavaliers LeBron James has his arm looked at after he dunks the basketball in the first quarter against the New York Knicks at Madison Square Garden in New York City on November 13, 2015. Photo by John Angelillo/UPI
Cleveland Cavaliers LeBron James has his arm looked at after he dunks the basketball in the first quarter against the New York Knicks at Madison Square Garden in New York City on November 13, 2015. Photo by John Angelillo/UPI | License Photo

NBA icon LeBron James has inked a lifetime contract with Nike, according to published reports.

The Cleveland Cavaliers standout has been partnered with Nike since joining the NBA. Financial terms haven't yet been revealed.

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The athletic apparel company recently signed Oklahoma City star Kevin Durant to a 10-year, $300 million contract.

James, 30, reportedly signed a seven-year, $93 million deal with Nike when he entered the NBA. He signed another deal with the company in 2010.

According to Forbes magazine, Nike sold $340 million worth of James' signature shoes between Feb. 2014 and Jan. 2015.

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